Tag Archives: Tensions

Houthi rebels strike a U.S.-owned ship off the coast of Yemen in the Gulf of Aden, raising tensions

Houthi rebels strike a U.S.-owned ship off the coast of Yemen in the Gulf of Aden, raising tensions

JERUSALEM (AP) — Houthi rebels fired a missile, striking a U.S.-owned ship Monday just off the coast of Yemen in the Gulf of Aden, less than a day after they launched an anti-ship cruise missile toward an American destroyer in the Red Sea. The attack on the Gibraltar Eagle, later claimed by the Houthis, further escalates tensions gripping the Red Sea after American-led strikes on the rebels. The Houthis’ attacks have roiled global shipping, amid Israel’s war with Hamas in the Gaza Strip,… Source link

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Salesforce-Elliott Management tensions heat up with looming board nominations

Salesforce-Elliott Management tensions heat up with looming board nominations

Activist investor Elliott Management, which recently took a multi-billion dollar position in Salesforce (CRM), is looking for a major overhaul of the company’s board, a person familiar with the matter tells Yahoo Finance. The source said that Elliott may put forth numerous candidates to join the Salesforce board ahead of the nominating window opening on Feb. 12, adding that Elliott is focused on nominating high quality candidates with diversity in mind. Elliott could be eyeing the removal of… Source link

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Tensions escalate between Starbucks and union behind labor drive amid vote recount

Tensions escalate between Starbucks and union behind labor drive amid vote recount

Starbucks (SBUX) is going on the offensive once again amid a nationwide wave of unionization, calling out the labor organization backing pro-union workers for allegedly breaking labor rules amid a recount of unionization vote at an Upstate New York location. “These intermediaries have demonstrated that not only do they not operate in the best interest of partners, but sadly they’ll break labor rules to do so,” Starbucks Spokesperson Reggie Borges told Yahoo Finance in a statement. “The… Source link

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China reaches out to Asian neighbours after Ukraine war causes further tensions with US

With the Ukraine crisis putting further strain on China’s ties with the United States and the West as a whole, Beijing has set its eyes on mending fences with its neighbours. China’s diplomatic frenzy in the past two weeks shows the importance of its neighbours in Beijing’s hierarchy of relations, according to observers. On the heels of a whirlwind tour of India, Pakistan, Afghanistan and Nepal, Chinese Foreign Minister Wang Yi last week hosted Russian Foreign Minister Sergei Lavrov, who… Source link

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Stock futures muted after Russia-Ukraine tensions intensify

Wall Street’s main benchmarks were little changed in post-market trading Monday as investors continued to weigh the escalating threat of Russian military action against Ukraine and the prospect of swifter monetary tightening by the Federal Reserve. Futures tied to the S&P 500, Dow Jones Industrial Average and Nasdaq hovered near the flatline heading into the overnight session after closing in negative territory on Monday. Fears that the Kremlin will green light a move to force in on Ukraine… Source link

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Pandemic tensions deepen in Florida as DeSantis digs in over battle with critics

The Omicron wave appears to have crested in Florida, but you wouldn’t know it from the acrimonious battles Florida politicians have been fighting over the pandemic. Gov. Ron DeSantis this week lashed out at Washington, and Democratic lawmakers protested the confirmation of Florida Surgeon General Joseph Ladapo, who has expressed skepticism over vaccines and masks. Few states have received as much scrutiny throughout the pandemic as Florida, where DeSantis has rejected many of the safety… Source link

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German lockdown extension and China tensions hit European stocks

TipRanks AI Is Booming: 2 ‘Strong Buy’ Stocks That Stand to Benefit The COVID pandemic may be receding, but it has left a mark on across multiple aspects of our lives. From mask mandates to travel restrictions, we chafe at some of the changes – but in the business world the use of artificial intelligence (AI) systems has dramatically expanded in the past year. This was probably inevitable – but AI brought advantages in coping with the pandemic for companies that could make use of it,… Source link

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